Amazon Prepares For Mass Job Cuts As Sales Slow
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Description
Amazon is preparing to cut thousands of office jobs amid slowing sales and concerns about an economic downturn. US media reported that the reductions could affect roughly 3% of the...
show moreUS media reported that the reductions could affect roughly 3% of the office staff at the e-commerce giant - or about 10,000 people.
The cuts are expected to affect divisions such as personal devices and e-commerce.
Amazon did not respond to a request for comment.
The company had already introduced a hiring freeze and halted some of its warehouse expansions, warning it had over-hired during the pandemic. It has also taken steps to shut some parts of its business, cancelling projects such as a personal delivery robot.
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Author | Africa Business Radio |
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